Galaxy Digital Stock Slides 14% as Crypto Prices Hit Earnings

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Galaxy Digital (GLXY) shares closed down 14% on Wednesday after the crypto and AI infrastructure firm reported a second-quarter net loss of $85 million, driven by falling digital asset prices. The stock fell to $19.07, down from a previous close of $22.14. Revenue dropped 15%, offsetting progress in the company’s artificial intelligence data segment.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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